Stocks

After several twists and turts, the S&P 500 has hit a series of new520f3 highs lately, driven by the optimism that the Fed is done wigh interest rate hikes. The benchmark has registered the loi5est streak of…
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China's strict lockdown policies have been crimping economic growth in the world's second-largest economy. Moreover, Goldman Sachs sees India’s economic growth slowing next year, citing a hit to consumer demand from higher…
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The producer price index (PPI) for final demand rose 0.3% last month and increased 7.4% in the 12 months through November, while the PPI for October was revised up to 0.3% from 0.2% as previously reported, the U.S. Labor…
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The US services sector showed growth in November and business orders at US factories in October also rose more than expected. The reports make the Fed's fight against inflation more difficult. Back in India, 2nd day of RBI's MPC…
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With encouraging inflation data, investors seem to have taken an optimistic viewpoint. However, markets will continue to keep an eye on the Russia-Ukraine war situation with unconfirmed reports stating that two Russian missiles had…
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The Bank Nifty logged a lifetime high for the second consecutive session and the BSE Sensex hit a record closing high on Wednesday. However, negative outlooks and softer demands heading into the holiday season in the US will compel…
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Updated at 4:15 pm ESTStocks ended higher Wednesday, following on from the prior session's rally that lifted stocks to the highest levels in more than two months. Investors on Wednesay reacted to the release of minutes from the Fed's…
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Data show US inflation slowed to 7.1% last month from 7.7% in October which bolstered investors’ expectations that the Fed will downshift to an increase of 0.50 percentage points on Wednesday. 14 Dec 2022,…
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HDFC Bank, ICICI Bank showing strength: Siddarth Bhamre Siddarth Bhamre, Director-Alternate Investment and Research at InCred Equities, said HDFC Bank and ICICI Bank are showing strength. "There has been a huge bout of short covering in…
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A Fed official on Thursday said that the interest rates may have to rise further in order to quash stubbornly hot inflation. This was contrary to what the markets had expected and thus will have an effect on the mood of investors.…
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